Montrose, IL
Population 276 · Illinois
About Montrose, IL
Montrose is a small community in Illinois with a population of 276 residents. The median household income is $54,821 per year, which is near the national average. The median age in Montrose is 40.6 years.
Housing in Montrose has a median home value of $125,000 and median monthly rent of $393. Of the 125 total housing units, the majority are owner-occupied, with 82 owner-occupied and 26 renter-occupied units.
The unemployment rate in Montrose is 2.0% and the poverty rate is 15.6%. 8.7% of residents hold a bachelor's degree or higher. The average commute time is 35 minutes.
How Montrose Ranks in Illinois
Cost of Living in Montrose, IL
Compared to national averages, Montrose has a median household income of $54,821 (27% below the national median of $75,149). Home values average $125,000, which is 49% below the national median. Monthly rent at $393 is 66% below the US average of $1,163. Within Illinois, Montrose's income is 27% below the state average of $75,072, and home values are 25% below the state median of $165,779.
Why Live in Montrose, IL?
Montrose offers affordable housing with a median home value of $125,000, below the US average of $244,900, and rent that’s lower than the national average at $393/month, and a strong job market with an unemployment rate of just 2.0%.
Potential considerations include median household income ($54,821) that falls below the national average. However, Montrose’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Montrose has a population of 276 with a median age of 40.6 years. Compare Montrose with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Montrose
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Omaha | 276 | $63,750 | $44,600 | Compare |
| Menominee | 275 | $115,000 | $253,100 | Compare |
| Vergennes | 274 | $48,594 | $92,000 | Compare |
| Blairsville | 279 | $73,077 | $143,800 | Compare |
| Bureau Junction | 279 | $54,063 | $53,700 | Compare |
| Coalton | 280 | $76,250 | $81,000 | Compare |
| Kilbourne | 272 | $40,625 | $69,200 | Compare |
| Grand Detour | 282 | $74,141 | $162,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Montrose With Other Cities
Frequently Asked Questions about Montrose
What is the population of Montrose, IL?
The population of Montrose, IL is 276 according to the latest Census data.
What is the median household income in Montrose?
The median household income in Montrose, IL is $54,821 per year.
What is the median home value in Montrose?
The median home value in Montrose, IL is $125,000.
What is the average rent in Montrose?
The median monthly rent in Montrose, IL is $393.
What is the unemployment rate in Montrose?
The unemployment rate in Montrose, IL is 2.0%.